Weis Markets, Inc. (NYSE:WMK) Shares Acquired by American Century Companies Inc.

American Century Companies Inc. raised its position in shares of Weis Markets, Inc. (NYSE:WMK - Free Report) by 14.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 485,287 shares of the company's stock after buying an additional 62,472 shares during the quarter. American Century Companies Inc. owned about 1.80% of Weis Markets worth $32,864,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of WMK. Lee Danner & Bass Inc. acquired a new stake in shares of Weis Markets during the 4th quarter valued at approximately $110,000. Semanteon Capital Management LP bought a new position in Weis Markets in the fourth quarter worth about $584,000. Teacher Retirement System of Texas boosted its stake in Weis Markets by 11.6% in the fourth quarter. Teacher Retirement System of Texas now owns 8,108 shares of the company's stock valued at $549,000 after acquiring an additional 840 shares during the period. Brandes Investment Partners LP grew its holdings in shares of Weis Markets by 18.0% during the fourth quarter. Brandes Investment Partners LP now owns 10,945 shares of the company's stock valued at $741,000 after purchasing an additional 1,670 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Weis Markets in the fourth quarter worth $344,000.

Weis Markets Stock Performance

Shares of Weis Markets stock traded up $0.74 during trading on Wednesday, hitting $79.12. 72,858 shares of the stock were exchanged, compared to its average volume of 87,521. Weis Markets, Inc. has a 12 month low of $60.39 and a 12 month high of $83.09. The stock's fifty day moving average is $73.53 and its 200 day moving average is $70.29. The stock has a market cap of $2.13 billion, a PE ratio of 22.22 and a beta of 0.53.

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Weis Markets (NYSE:WMK - Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $1.29 earnings per share (EPS) for the quarter. The business had revenue of $1.23 billion during the quarter. Weis Markets had a return on equity of 6.85% and a net margin of 2.01%.

Weis Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date was Tuesday, February 18th. Weis Markets's dividend payout ratio is currently 33.25%.

Weis Markets Company Profile

Weis Markets, Inc engages in the retail sale of food through a chain of supermarkets in Pennsylvania and surrounding states. The company's retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel; and general merchandise items, such as health and beauty care, and household products.